Israel: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Israel

The Israeli tomato ketchup market rose remarkably to $X in 2022, with an increase of 7.8% against the previous year. In general, consumption, however, recorded a mild shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Tomato Ketchup Production in Israel

In value terms, tomato ketchup production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by 63% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Tomato Ketchup Exports

Exports from Israel

Tomato ketchup exports from Israel declined markedly to X tons in 2022, dropping by -38.6% on the previous year's figure. Overall, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 55%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tomato ketchup exports declined markedly to $X in 2022. Over the period under review, exports faced a sharp decrease. The pace of growth was the most pronounced in 2016 with an increase of 206% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for tomato ketchup exports from Israel, with a 56% share of total exports. Moreover, tomato ketchup exports to the UK exceeded the volume sent to the second major destination, Canada (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at -10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+18.7% per year) and the United States (-13.5% per year).

In value terms, the UK ($X) remains the key foreign market for tomato ketchup and tomato sauces exports from Israel, comprising 56% of total exports. The second position in the ranking was taken by Canada ($X), with a 21% share of total exports. It was followed by the United States, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+18.9% per year) and the United States (-13.3% per year).

Export Prices by Country

The average tomato ketchup export price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 98% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Sri Lanka ($X per ton) and the United States ($X per ton), while the average price for exports to France ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into Israel

Tomato ketchup imports into Israel was estimated at X tons in 2022, surging by 14% against the year before. Over the period under review, imports posted a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, tomato ketchup imports skyrocketed to $X in 2022. In general, imports posted a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), the Netherlands (X tons) and the United States (X tons) were the main suppliers of tomato ketchup imports to Israel, with a combined 80% share of total imports. Spain, Egypt, Poland and Turkey lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +130.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and the United States ($X) were the largest tomato ketchup suppliers to Israel, together accounting for 80% of total imports. Spain, Egypt, Poland and Turkey lagged somewhat behind, together accounting for a further 16%.

Egypt, with a CAGR of +165.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tomato ketchup import price amounted to $X per ton, surging by 6.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 8.7%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per ton) and Turkey ($X per ton), while the price for Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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